Altair receives Nasdaq notice
Altair Nanotechnologies Inc. of Reno said last week its stock might be delisted from the Nasdaq Stock Market because its price has fallen below $1 a share.
The company said Nasdaq has granted a grace period that runs through July 5. If the stock closed at $1 or more for 10 consecutive business days, Nasdaq will lift its notice of possible delisting.
Altair executives said they’re monitoring the price and will consider several options if delisting appears likely.
The full effects of the pandemic on commercial office space in Northern Nevada likely won’t be revealed for years, but landlords across America remain on edge as millions of white-collar workers transition to home offices — and those who remain work under new safety standards and distancing protocols.